Other Building & Construction, Property Management
Active
Niche Home Services Provider
Worcester County, Massachusetts, United States
Asking Price$2.98m
Revenue$2.40m
EBITDA-
Cash Flow$763k
Description
This niche service business provides services directly to homeowners and businesses. In addition to providing door-to-door services, the company has recurring revenue tied to annual programs and the sale of its proprietary products. For over 50 years, it has served Massachusetts, Southern New Hampshire, and Rhode Island. By expanding deeper into its current space and to other areas in New England, the business has the potential to grow exponentially.
Real Estate
$400kNot Included in Asking Price
Furniture Fixtures & Equipment
$200k
Inventory
$160k
Business is
Relocatable
Number of EmployeesFull-Time: 7
Year Established
1958
Reason Selling
Seller wants to pursue opportunities in manufacturing.
Facilities & Assets
The business operates in a leased 7,150 sq ft light industrial building owned by the Owner in a separate entity. The current rent is within the average range in the area. The property is available for lease or purchase.
Easily relocatable. Business is available for purchase and relocated.
Support & Training
The seller will assist in the transfer of the business.
Market & Competition
- Limited regional competition.
- Longstanding clients who rely on the company.
- 30% of annual revenues are recurring.
- Service could be expanded throughout New England.
- Less than 3% market share in Massachusetts
- Programs sold nationally could also be expanded.
- Trained licensed employees in place.
- The business could be regionally relocated.
- Tuck-in or Bolt-on opportunity for an Oil Heat distributor/dealer.
Growth Opportunities
. For over 50 years, it has served Massachusetts, Southern New Hampshire, and Rhode Island. By expanding deeper into its current space and to other areas in New England, the business has the potential to grow exponentially. Expansion of products sales possible through greater internet activity.
Financing Options
Seller financing is available.Some seller financing available to a well-qualified buyer.
Asking Price$2.98m
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.